Final Expense Insurance Policy
It’s never easy to think about what life would be like for your family after you’re gone. But planning now can help your loved ones focus on the life you lived, and less on your final expenses.
Did you know?
The average cost of a funeral is more than $9,400. This doesn’t include additional costs, such as cemetery plot, monument, marker, or miscellaneous cash-advance charges such as flowers or an obituary.
If you’re thinking, “What about my Social Security death benefit?” Social Security pays a lump-sum death benefit of just $255 to your surviving spouse or children, and that’s only if they meet certain requirements.
UA’s Final Expense
Insurance Policy is easy.
For less than $1 a day, you may be able to get final expense insurance coverage with benefit amounts ranging from $1,000 - $25,000.
As long as the policy remains in force, the policy benefit will be paid to your beneficiary upon your death.
*2022 Insurance Barometer Study, LIMRA
**National Funeral Directors Association, https://nfda.org/news/media-center/nfda-
news-releases/id/6182/2021-nfda-general-price-list-study-shows-funeral-costs-not-
rising-as-fast-as-rate-of-inflation, 2021.
*** www.ssa.gov/survivorplan/ifyou7.htm.
â–²Example based on a face amount at issue of $8,000 for a nonsmoker female, age 50, with a monthly premium of $27.16. This amounts to $0.97 using a 28-day billing calendar. Your actual policyholder premium may vary and is subject to underwriting. Benefit amounts range from $5,000 - $25,000 in WA.
With UA’s Final Expense Policy, you may be able to reduce the burden upon your family by helping them cover these costs:
• Funeral Home
• Casket
• Cremation and Urn
• Cemetery Plot
• Marker/Headstone and Vault
• Hardship Travel for Loved Ones
Here’s the best part!
• Final expense insurance provides permanent lifetime coverage
• Accumulates cash and loan value
• Terminal Illness Accelerated Benefit Rider (ABR1) is included at no additional cost (where state approved). Upon proof of terminal illness (the insured has been diagnosed to have a non-correctable medical condition that with reasonable medical certainty, will result in the
death of the insured within 12 months from the date on which this benefit is requested), rider pays 50% of current benefits available prior to death (where state approved), subject to provisions of this rider.
• No medical exam or attending physician statement required to apply
• Simplified application with personal health questions – family medical history not an issue
More things you should know:
• Issue ages 50-80 for standard rates
• Spouse can apply as secondary applicant
• Premiums guaranteed level for life
• Face amounts level for life – never reduces
• Graded Death Benefit may be offered for certain health conditions that may be considered uninsurable
*Not available on graded or substandard policies. Available where state approved for qualifying illness.
**50-75 for tobacco users. Maximum issue age varies based on gender and tobacco use.
***Policies with level benefit and substandard premium are available in states where graded death benefits are not state approved.